Total economic losses from drought in the United States are likely to reach at least $3 billion.» Read More
While Realtors blame rough winter weather on flat home sales in many part of the U.S., that theory doesn't support the sharp drop in the West. CNBC's Diana Olick digs deeper into the data.
"I think it's clear the unseasonably cold weather has played some role in that, says Fed Chair Janet Yellen discussing recent weak economic data. Yellen says if there is a significant change in the economic outlook the Fed would reconsider "pausing" the taper.
Fed Chair Janet Yellen comments on a number of data pointing to softer spending. "Part of that softness may reflect adverse weather conditions," she says.
CNBC's Patti Domm explains why the markets really care about what Janet Yellen has to say about the weather.
Discussing the effects of the data breach on Target's earnings, with CNBC's Courtney Reagan and Stacey Widlitz, SW Retail Advisors.
Tim Boyle, president and CEO of Columbia Sportswear, discusses the boost his company is getting from the cold weather.
John Venhuizen, CEO of Ace Hardware, discusses how his company was able to profit from this winter's harsh weather. Our salt business is up 235%, says Venhuizen.
Macy's beat is on the margins, says Matthew Boss, JPMorgan analyst, breaking down the retailer's Q4 results and explaining why investors should consider buying the stock on the dip.
Gene Sperling, Director of the National Economic Council, discusses the recent opening of two manufacturing hubs by President Obama and provides his outlook on the U.S. economy.
Unusually cold weather will take a bite out of U.S. economic growth, but a rebound seems likely and expectations for stronger growth have not changed.
CNBC's Courtney Reagan looks at what retailers are benefiting from the harsh winter weather.
Evan Gold, Planalytics, discusses the weather's impact on the retail sector. Gold says cold conditions have driven up heating bills leading to less discretionary income. CNBC's Courtney Reagan provides insight.
This year's severe winter weather in the U.S. could easily add up to one of the top five costliest since 1980, causing over $1.5 billion in insured losses so far.
The Weather Channel's Tom Niziol reports cold air is moving across the Eastern U.S. down into the Southeast.
CNBC's Morgan Brennan reports how cold temperatures and snow are hurting retail deliveries.
CNBC's Steve Liesman reports economists are looking at if snowstorms played a role in the loss of economic momentum in Q4.
Old Man Winter has been a convenient foil for the recent spate of bad economic news, but he shouldn't be shouldering all the blame.
Discussing great weather conditions for his business, and costs to running the resort, with Mike Solimano, Killington Resort president & general manager.
CNBC's Scott Cohn talks to Coast Guard Lt. Commander Justin Kimura about the deep freeze's impact on Great Lakes shipping, and he reports that the Coast Guard has nine ice cutters in the region.
The Weather Channel's Kait Parker reports more cold weather is due to hit the South and Northeast next week.